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is chief investment officer at eaton vance management. he joins us from that firm in boston. duncan, i take it you're a pessimist in regards to avoiding the fiscal cliff that we're going to go over? >> not really a pessimist. i think the fiscal cliff is going to be more of a fiscal slope, but there will be a tax element to it. i think because we're starting at such a low level of tax rates, we're very likely to have higher taxes either immediately with the expiration of the payroll tax and potentially on capital gains and dividends in 2013 and beyond. >> tom: how should invests approach that, invest on what tax rates may be next year? >> not really. but there are great costs to be avoided by lessening the tax drag on your investment. positioning your portfolio and making sure you're in sthooks can outperform in a rising interest rate environment-- which is another thing we're worried about-- longer term makes some sense. >> tom: so rising interest rate environment, possibly higher inflation, higher taxes. not exactly the most shiny of forecasts for investors. >> well, there is something you
that hangs in the statehouse in boston. >> but the governor says each state should be allowed to devise its own healthcare plan. and of course many in the gop believe the government has no business requiring individuals to buy insurance in the first place. it's still another illustration of the fundamental split between the candidates and their parties about the role of government. the two parties aren't exactly united on foreign policy either. but they're closer. my newshour colleague, margaret warner, is in washington and has our report about that. >> thanks maria. as the campaign hurtles toward election day, much of the foreign policy debate has focused on a few, deadly hours on an infamous date. the attack in benghazi on september 11th that killed u.s. ambassador chris stevens and three other americans has led to a raft of sharp questions, accusations and recriminations. >> there were many days that passed before we knew whether we knew if this was a spontaneous demonstration or actually whether it was a terrorist attack. how could we not have known? >> i immediately made sure, number o
Search Results 0 to 1 of about 2